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What happens when demo accounts expire ?

AliaDare
Aug 26 2021 at 01:44
766 Posts
The new trader should use the demo platform but it should be unlimited. It is not possible to develop skills in 90 days.

LukeRachel
Aug 26 2021 at 02:08
457 Posts
Skills should be developed by trading on demo platforms with unlimited time. It is possible to control emotions.

bridgekarate
Aug 26 2021 at 10:23
9 Posts
It is frustrating that many broker limit demo accounts to 14 days now. That is too short to learn anything

Alberncon
Aug 26 2021 at 12:27
32 Posts
Primarily when a demo account expires, it can be reactivated by the user using the same email id, or you can register again.

lovefortrading (perryjohn765)
Aug 26 2021 at 13:13
238 Posts
the broker i trade with does not renew the demo account. it expires after 30 days

croisssan
Aug 26 2021 at 13:37
642 Posts
If I am not mistaken, not all companies have a limited time limit.

RudolfMcd
Aug 26 2021 at 14:25
3 Posts
brokers delete such accounts. some after 1 month, some after a few years

Williamfreed
Aug 27 2021 at 02:20
90 Posts
Your trading data will intact until you will not choose to delete it.

necolesilvers
Aug 27 2021 at 13:10
28 Posts
It is better to start your learning process way before you sign in for a demo account. Only start using a demo account when you think you are ready and just want to practice, but if 90 days are less you can always request extension of the validity of the demo account. Most brokes happily do that.

UweMoench
Sep 04 2021 at 14:05
737 Posts
@necolesilvers Yes you are right. Basic understanding of the Forex market and trading should be achieved before opening a demo account.

Unellene
Sep 04 2021 at 16:38
283 Posts
a normal broker will not delete an account after a week or two, if yours does so then you should think about changing a broker

croisssan
Sep 05 2021 at 09:05
642 Posts
This largely depends on the conditions of the broker. For example, I work with a broker from Amarkets, and there the demo account is not limited in time. For this reason, I can work on the demo as much as I want.

RobertFerrari
Sep 06 2021 at 21:13
311 Posts
croisssan posted:
This largely depends on the conditions of the broker. For example, I work with a broker from Amarkets, and there the demo account is not limited in time. For this reason, I can work on the demo as much as I want.

Demo is the best place for learning.

cranberrythekid
Sep 07 2021 at 10:37
9 Posts
Sometimes if you contact a broker directly they will extend the expiry of a demo account

AliaDare
Sep 07 2021 at 14:28
766 Posts
Staff posted:
Yes, data will remain intact until you choose to delete it.

Of course, I have the same opinion.

RobertFerrari
Nov 23 2021 at 19:12
311 Posts
cranberrythekid posted:
Sometimes if you contact a broker directly they will extend the expiry of a demo account

Yes. You are right.

SofieAndreasen
Dec 08 2021 at 18:23
736 Posts
Demo account funds are not real money so it should not be any problem to add more funds to the accounts.

LyudmilLukanov
Dec 10 2021 at 11:18
735 Posts
Traders can always open a new demo account and then start again.

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